Quadplex as first deal

[Poem Turner]

This may be a little ambitious......but there's a quadplex I'm considering as a first investment. Because the numbers look like they work.

It's an older property, and definitely a C neighborhood. But a well kept C neighborhood if that makes sense?

The owner is out of state and wants out, badly.

All units are rented and under a reputable property management firm. Wasn't my original plan, but 4 doors an hour away in an older building may be a wise move for the first year.

Roof is 15 years old, 2 HVACs will need replacing soon, and possibly a water heater. I'm angling for a home warranty from the seller. 

All units' floors, kitchens and baths were reno'd in the last year.

I'd appreciate any feedback from those of you with a seasoned eye. Am I being far too hopeful with 5% maintenance and repairs?

Thanks!